If a typical firm in a perfectly competitive industry is incurring losses, then

Question

25-04-2019
Business

contestada

If a typical firm in a perfectly competitive industry is incurring losses, then

Respuesta :

Otras preguntas

the number line below represents which combined inequality? number line with a closed circle on -4 and 3 with shading in between x greater than or equal to -4 a

what is the simplified form of (4p - 2) (p - 4)? a) 4p^2 6p - 16 b) 4p^2 - 18p 8 c) 4p^2 - 14p - 6 d) 4p^2 - 6p 16

what is the subject of this sentence? the first in door bowling alley opened in 1840 in new york.

What is the meaning of adorable?

(solving for y) 4x-5=7+4y

Let f(X) = 2x + 2. Solve f^-1(X) when X = 4

The difference between the highest and lowest elevations on a map is the ________. A.relief B.geologic C.unit Dtopography E.contour line

solve for k : 62=13k-3

In in 10 to the sixth power of the 10 is the what

some friends equally split some containers of strawberries. each container held the same number of strawberries. the expression 3x7 represents how many strawber

MrsSeifried MrsSeifried · Answer 1 · 2019-04-25T12:47:23+02:00

Answer: The correct answer is that some firms will leave the market.

Explanation: If a typical firm in a perfectly competitive industry is incurring losses, then some of the suppliers are going to leave the market. This is going to cause market supply of the item to decrease, which will in turn drive the cost up. This resulting price increase will cause an increase in profits for the remaining suppliers.